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Mortgage Co. Settles Loan Insurance FCA Case For $14.5M

By Daniel Wilson (December 12, 2018, 10:16 PM EST) -- Finance of America Mortgage will pay $14.5 million to resolve a whistleblower lawsuit alleging that a predecessor company originated and underwrote deficient loans backed by federal insurance in violation of the False Claims Act, the U.S. Department of Justice announced Wednesday....

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